Independent artists and labels had a 46.7% share of the global recorded music business in 2023, according to a new MIDiA Research report — 11 points higher than their U.S. share.
Olvera was previously at SiriusXM and Pandora, where she served as senior director of Latin talent & industry relations.
De Graaaf co-founded the Dutch label in 1999, helping turn it into a powerhouse of the EDM era and beyond.
As streaming growth slows in mature markets, the majors are increasingly looking to labels, catalogs and services in emerging markets overseas.
The executive, who made his first EMPIRE signing with G-Dragon, previously helped develop such East Asian artists as DEAN and Jackson Wang.
A pioneer for K-pop on the Billboard charts, the Seoul star says the signing "marks the beginning of a new era," with an awards show performance and tour on the way.
Following the ruling, the embattled executive vowed to go “all the way” in her legal pursuit to regain her former position.
The singer/songwriter writes and performs in Spanish, English and Portuguese
Outdusty founder Ed Peto will join Virgin Music Group as senior vice president of international strategy.
A portion of the document, which includes harsh commentary on the K-pop industry and some young artists, was made public during a court hearing last week.
